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German Perspective – 13.12.22

13/12/2022

This week: It is not unusual for things to slow down at the end of the year, but this year it is much more pronounced. In Europe, it is extremely difficult to get reliable information about the planned production of the leather industry in the first quarter of the new year. It seems that almost all the energy in tanneries is focused on discussing current stock levels. Many companies are saying that they are very worried about accumulated stocks and the dampened business outlook at the same time. Perhaps they have relied on hope for too long and, now that the planning discussion is about next year, are being forced to make decisions.

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